DENVER—(BUSINESS WIRE)—December 15, 2008—
Intermap Technologies announced today that it has entered into a
partnership agreement with Lowrance, a leader in outdoor navigation and
wholly-owned brand of Navico Holding AS to offer AccuTerra™ maps for the
Brand’s enhanced outdoor GPS devices. Under the terms of the agreement,
AccuTerra GPS maps will provide users with detailed roads, trails,
terrain, topographic contours, points of interest, and land management
maps.

“We’re excited that Lowrance customers will benefit from the best GPS
recreational maps on the market,” stated Michael Bullock, Intermap’s
vice president of consumer electronics. “AccuTerra maps provide users
with a superb outdoor experience, much better than today’s basemaps or
enhanced content. As part of this agreement, European Lowrance users
will benefit from Intermap’s superior NEXTMap® Europe terrain
data.”

“Lowrance is dedicated to providing our customers with the most
rewarding GPS user experiences possible,” said Navico President and CEO
Jens-Thomas Pietralla. “High-quality AccuTerra map products allow us to
further enhance our superior line of GPS devices and we are pleased to
enter into this partnership with Intermap.”

AccuTerra GPS maps will be available for Lowrance customers on
compatible products in 2009 with multiple variations to meet a wide
variety of customer needs.

NEXTMap® and AccuTerra™ is a registered trademark of Intermap
Technologies Corporation

About Navico and Lowrance:

The Lowrance® brand is wholly owned by Navico Holding AS, a privately
held, international electronics company. A leader in outdoor
recreational GPS electronics and currently the world’s largest marine
electronics manufacturer, Navico is the parent company to five
well-established brands: B&G®, Eagle®, Lowrance®, Northstar® and
Simrad®.
www.navico.com
-
www.lowrance.com

Intermap Reader Advisory

This news release contains certain forward-looking statements, which
include certain assumptions with respect to the future business and
operations of the Company. The reader is cautioned that assumptions used
in the preparation of such information may prove to be incorrect. All
such forward looking statements involve substantial known and unknown
risks and uncertainties, certain of which are beyond the Company’s
control. The Company’s actual results, performance or achievements could
differ materially from those expressed in, or implied by, these
forward-looking statements and, accordingly, no assurances can be given
that any of the events anticipated by the forward-looking statements
will transpire or occur, or if any of them do so, what benefits that the
Company will derive there from. All subsequent forward-looking
statements, whether written or oral, attributable to the Company or
persons acting on its behalf are expressly qualified in their entirety
by these cautionary statements. Furthermore, the forward-looking
statements contained in this news release are made as at the date of
this news release and the Company does not undertake any obligation to
update publicly or to revise any of the included forward-looking
statements, whether as a result of new information, future events or
otherwise, except as may be required by applicable securities laws.

The TSX has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.

The names of actual companies and products mentioned herein may be the
trademarks of their respective owners.